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Egypt and Russia Strengthen Cooperation_11zon

Egypt and Russia Strengthen Cooperation on El-Dabaa Nuclear Power Plant at BRICS Summit

eBrics by eBrics
6 months ago
in General News
Reading Time: 2 mins read
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At the BRICS Summit in Kazan, Egypt and Russia reaffirmed their commitment to accelerating the construction of the El-Dabaa Nuclear Power Plant (NPP). Egyptian Prime Minister Mostafa Madbouly emphasized the plant’s significance in meeting the nation’s clean energy goals and its strategic partnership with Russia.

Key Developments at the Summit

  1. Commitment to Timely Completion:
    Prime Minister Madbouly, in a meeting with Rosatom CEO Alexey Likhachev, reiterated Egypt’s dedication to completing the first phase of El-Dabaa NPP by 2028. The plant is a cornerstone of Egypt’s strategy to achieve 42% clean energy by 2030.
  2. Acknowledgment of Strong Bilateral Relations:
    Likhachev expressed gratitude for Egypt’s collaboration and support, citing the deep historical ties between the two nations.

Project Overview

  • Launch and Scale:
    Construction of the El-Dabaa NPP began in July 2022 in Egypt’s Matrouh province, under a 2017 agreement with Russia.
  • Investment and Capacity:
    The $28.75 billion project includes four 1,200-megawatt reactor units, designed to bolster Egypt’s energy infrastructure and contribute to its renewable energy targets.
  • Timeline:
    Phase one of the plant is expected to be operational by 2028.

Strategic Importance of El-Dabaa NPP

The plant is a pivotal element in Egypt’s energy diversification and sustainability strategy. Its completion will position Egypt as a leader in clean energy within the region, fostering economic growth and reducing reliance on fossil fuels.

This collaboration underscores the strengthening ties between Egypt and Russia, further amplified through engagements like the BRICS Summit.

Tags: Egypt nuclear energyEl-Dabaa NPPRussia-Egypt relations
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